Algeria Finance Headlines

Algeria Lags Far Behind in ‘Economic Freedom of the World’ Ranking

The 2016 Economic Freedom of the World Report issued by the Canadian Fraser Institute pointed out to the plummeting economic freedom in Algeria, which ranked 151st among 159 surveyed countries. The report measures economic freedom including levels of personal choice, ability to enter markets, security of privately owned property and rule of law. It analyses […]

Headlines Morocco

Canada: Moroccans Win Eight Gold Medals at Invention & Innovation Contest

Morocco stunned global community of inventors and innovators Saturday in Toronto, Canada by winning eight gold medals at the International Invention and Innovation Contest (iCAN 2016.) Six of the medals were awarded by the contest organizers, Moroccan media le360.ma reports. Morocco also received a gold medal from the International Federation of Inventors’ Association at the […]

Americas Headlines International Libya

Libya: Canadian Government Accuses Business Group of Breaching Embargo

The Canadian government Monday urged the country’s law enforcement authorities to look into UN allegations that the Canadian Streit Group illegally shipped armoured vehicles to Libya, breaching the UN embargo in the North African country. A report issued by UN experts monitoring the UN-imposed embargo on Libya has accused Streit Group of Canadian businessman Guerman […]

Business Finance

Bombardier to Outsource Production from Northern Ireland to Morocco

Canadian aviation industry giant, Bombarider is planning the relocation of parts of its production from its factories in Northern Ireland to Morocco and Mexico in a bid to cut costs. Bombardier, which employs around 5,000 staff in Belfast, confirmed the transfer of “certain activities” it said it was “unable to undertake competitively in Northern Ireland”, […]

Business Headlines Morocco

Morocco’s Car Industry Attracting More & More Investors

Canada’s auto parts manufacturer Linamar Corp. is building a US $280 million plant in Morocco wherein car industry is thriving, becoming a leading export sector, attracting more & more foreign investors. Linamar’s plant is destined to supply engine parts to the new Peugeot factory before expanding to new plants that should open soon in Morocco. […]

Headlines Tunisia

Tunisia, Canada Establish Three-year Security Partnership to Combat Terrorism

Canada Saturday launched a $4 million security partnership with Tunisia to help the North African country address the growing terrorism threat, which has utterly crashed its economy. Visiting Canadian Foreign Minister Stephane Dion told reporters in Tunis that Canada would not let Tunisia fall into decay due terrorism after it chose the path of democracy […]

Egypt Headlines

Egyptian & Greek Rescue Teams in Search of Missing EgyptAir Flight

Egyptian national forces and coastguards assisted by Greek forces have been mobilized on the Mediterranean to look for the missing EgyptAir flight MS804, which disappeared from radar between Paris and Cairo. The plane Airbus A320 is believed to have crashed into the Mediterranean at 2:30 am local time, around 280km north of the Egyptian coast. […]

Algeria Headlines

Algeria Listed among Authoritarian Regimes in 2015 Democracy Index Report

Does democracy itch the Algerian regime? The answers is yes according to 2015 Democracy Index report published by the Economist intelligent Unit which puts Algeria among authoritarian regimes around world, as it features at the 118th spot out 167 countries. Democracy in Algeria is one of the worst in the Middle East and North Africa […]

Headlines Morocco

Moroccan, U.S. Troops to Hold Military Exercise “African Lion” April 18-27

Moroccan and American servicemen will organize their joint annual military exercise “African Lion” from April 18 to 27 in southern Morocco, according to press reports. This military drill seeks to improve interoperability and mutual understanding of each nation’s tactics, techniques and procedures. It involves various types of training including command post, live-fire and maneuvering, peace […]

Headlines Morocco

Morocco: 140 New Moroccans Join ISRanks

Some 140 new Moroccans have joined the Islamic State terror group, according to leaked-IS documents disclosed by British Sky News. Moroccan local media “Akhbar Al Yaoum” announced in its Friday publication that the documents unveiled by Sky News thanks to an IS-Syrian defector, reveal that some 140 individuals said to be Moroccans have joined IS. […]